Rebar spot prices in Turkey rise in order to offset currency fluctuations

Monday, 08 September 2025 16:28:27 (GMT+3)   |   Istanbul

As of today, September 8, local rebar prices in the Turkish spot market have risen by TRY 100-200/mt ($1-3/mt), compared to September 4, amid the ongoing currency fluctuations. Consequently, local 12 mm rebar prices in the spot market are now at TRY 26,300-27,200/mt ($531-549/mt) ex-warehouse, with the exchange rate at $1 = TRY 41.27.

Official cash offers for rebar in the Marmara and Izmir regions, including prices from İçdaş, have remained stable at $535-555/mt ex-works, while acceptable prices have also remained stable, at $530-550/mt ex-works. 

Meanwhile, today two producers in Iskenderun announced official rebar prices at TRY 27,100-27,350/mt ($547-552/mt) ex-works. Sources say several Iskenderun-based rolling mills are offering rebar to serious buyers today at TRY 26,700-26,900/mt ($539-543/mt) ex-warehouse, up by TRY 300/mt ($5/mt) over the same period.

One Samsun-based mill has extended the closure of its rebar sales until Monday, September 15.

Most buyers are in wait-and-see mode until the Turkish Central Bank's interest rate decision due on Thursday, September 11.

Region Dimension Price ($/mt) Price (TRY/mt) Price changes ($/mt) Price changes (TRY/mt)
4.09.2025 4.09.2025
Marmara 8 mm 569 28,200 +2 +200
Marmara 12 mm 549 27,200 +2 +200
Iskenderun 8 mm 563 27,900 +2 +200
Iskenderun 10 mm 559 27,700 +2 +200
Iskenderun 12 mm 543 26,900 +3 +200
Izmir 8 mm 551 27,300 0 +100
Izmir 10 mm 547 27,100 0 +100
Izmir 12 mm 531 26,300 +1 +100
Karabuk 8 mm 565 28,000 +2 +200
Karabuk 12 mm 545 27,000 +3 +200

All prices are ex-warehouse and based on actual weight. Prices in Turkish liras include 20 percent VAT, while prices in US dollars exclude VAT.

$1 = TRY 41.27


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